Offshore Activity - page 5

Gulf Coast Oil Firms Return to Ida Recovery as Storm Nicholas Recedes

Sep 15, 2021

Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago.Nicholas, downgraded to a tropical depression late Tuesday…

Norway's Offshore Licensing Round Attracts Bids from 31 Oil Firms

Sep 15, 2021

Norway's annual licensing round of new acreage for oil and gas exploration, including some in the Arctic Barents Sea, has attracted bids from 31 oil companies, the country's energy ministry said on Wednesday.The ministry's announcement follows…

Saudi Aramco, McDermott Sign MoU for Use of SAFIRA Yard

Sep 15, 2021

Saudi Arabia's national oil company Saudi Aramco has signed a memorandum of understanding with energy industry construction and installation firm McDermott to explore the use of McDermott's SAFIRA fabrication yard for construction services for Saudi Aramco's upstream and downstream projects…

VIDEO: Installation of Innovative Floating Wind Turbine Foundation - TetraSpar

Sep 15, 2021

Offshore vessel operator and installation services firm Bourbon Subsea Services has recently completed the installation of the 3.6 MW TetraSpar floating wind turbine prototype at a test site in Norway.The TetraSpar Demo project is developed by Stiesdal Offshore Technology…

Harland & Wolff, Navantia, and Windar Target Joint Offshore Wind Work in UK

Sep 15, 2021

InfraStrata, a UK-based company that will soon be renamed Harland & Wolff, has signed a Memorandum of Understanding (MoU) with Spanish companies Navantia and Windar to target specific fixed and floating wind projects primarily within the UK…

Busy Summer for Pipeline Tech Firm STATS Group

Sep 15, 2021

Pipeline technology company STATS Group said Monday it had completed the largest number of simultaneous pipeline isolation projects in its 23- year history.STATS said that it had, during the 2021 summer shutdown season, supported six separate Tecno Plug isolation deployments in the UK North Sea…

Rosneft Could Export Gas via Gazprom's Nord Stream 2 Pipeline

Sep 15, 2021

Russia's Energy Ministry is due to prepare a report in the coming days about the possibility of Rosneft exporting natural gas to Europe via the new Nord Stream 2 pipeline, Interfax cited Deputy Prime Minister Alexander Novak as saying on Wednesday…

Tullow Swings to Profit. CFO to Step Down

Sep 15, 2021

Africa-focused Tullow Oil's finance chief Les Wood will step down by the end of March, the oil and gas company said on Wednesday, after it swung back to profit in the first half of 2021.Tullow, which has been operating in Africa since 1986,…

OKEA Expects Revenue to Triple in 3Q. Yme Field to Start Producing Shortly

Sep 15, 2021

Norwegian oil company Okea expects its revenue to roughly triple in the third quarter of 2021 on higher oil and gas prices, the firm said on Wednesday, adding that it sees a an additional boost from the imminent startup of a new field.Overall…

Final Offshore Wind Turbine Installed at Moray East

Sep 15, 2021

Ocean Winds (OW), a 50-50 joint venture between EDP Renewables (EDPR) and ENGIE, has said that the final offshore wind turbine has been installed at what is currently Scotland’s biggest windfarm: Moray East.The project currently has all 100 turbines with a capacity of 9…

Gazelle Wind Power's Floating Wind Platform Gets DNV Nod

Sep 15, 2021

Classification Society DNV has granted Gazelle Wind Power a statement of feasibility for its hybrid floating wind platform with, what Gazelle says is, a first-of-its-kind mobile mooring system. Gazelle says that its system combines the best…

Aker BP Awards $81M in FEED Contracts for NOA Fulla Field Project

Sep 15, 2021

Aker BP has awarded FEED contracts worth nearly NOK 700 million (~$81,2 million) to its alliance partners Aker Solutions, Siemens Energy, and Subsea 7, related to the field development of NOA Fulla in the southern part of the NOAKA area, offshore Norway…

Vår Energi Spuds Rødhette Well, Partner Longboat Says

Sep 15, 2021

Longboat Energy, a recently formed North Sea exploration and production firm, has announced the spudding of the Rødhette exploration well in the Barents Sea, off Norway, by its partner Vår Energi.Longboat, formed by ex-Faroe Petroleum management…

CGG Extends Seismic Vessel Deal with Shearwater in Brazil

Sep 15, 2021

Shearwater GeoServices has won a six-month contract extension with seismic data firm CGG on its Nebula survey offshore Brazil and is nearing completion of work for CGG on its North Viking Graben survey.Shearwater has previously conducted work…

Norway Coalition Talks Start, with Climate and Oil in Focus

Sep 14, 2021

Norway's Labour Party began coalition talks with other members of the center-left bloc on Tuesday seeking to form a government after their parliamentary election victory, with the focus on climate change and oil.Labour leader Jonas Gahr Stoere must…

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